Shimmick Corporation Common Stock (SHIM) — Cash Flow Quality Index

Latest as of September 2023: -0.12x

Shimmick Corporation Common Stock (SHIM) has a Cash Flow Quality Index of -0.12x as of September 2023. Operating cash flow of $-4.10 Million is below net income of $34.83 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Shimmick Corporation Common Stock to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.12x
Operating CF / Net Income

Operating Cash Flow

$-4.10 Million
USD

Net Income

$34.83 Million
USD

Data as of

Sep 2023
Most recent filing

Shimmick Corporation Common Stock Cash Flow Quality Index (2021–2022)

Historical Cash Flow Quality Index for Shimmick Corporation Common Stock across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SHIM cash flow metrics.

Annual Cash Flow Quality Index for Shimmick Corporation Common Stock (2021–2022)

Year-by-year earnings quality comparison for Shimmick Corporation Common Stock.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 -1.06x $-3.08 Million $2.91 Million ▲ +9.9%
2021 -1.18x $-53.98 Million $45.83 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.